...decisions will include the amount we'll invest and the
percent of the company we'd want for it. We usually invest $5000 + $5000n, where n is the number of participating founders (i.e. 2 founders get $15,000, 3 get $20,000), in return for between 2% and 10% of the company. The median is 6%.
but the % share is a good reason to turn down the deal if you have other options. I just think it's to know what yc investors are told behind the curtain, and how much you are worth. It's nice to know what expectations you should live up to.
Comments
Read the instructions first...
...decisions will include the amount we'll invest and the percent of the company we'd want for it. We usually invest $5000 + $5000n, where n is the number of participating founders (i.e. 2 founders get $15,000, 3 get $20,000), in return for between 2% and 10% of the company. The median is 6%.
Most importantly:
The money itself is NOT the reason to sign up for YC.
but the % share is a good reason to turn down the deal if you have other options. I just think it's to know what yc investors are told behind the curtain, and how much you are worth. It's nice to know what expectations you should live up to.